Tag Archives: Financial Planning

Incorporation Benefit – Income Splitting

In my ongoing series on professional incorporation, I’ve discussed what a professional corporation is (a distinct legal entity) and which professions allow incorporation (doctors, dentists, lawyers and realtors among many others). I’ve shown how the lower corporate tax rates can assist a … Continue reading

Posted in Architects, Business Professionals, Businesses, Chiropractors, Dentists, Doctors, Engineers, Health Professionals, Income Tax, Incorporation, Lawyers, Medical Residents, Mortgage Brokers, Optometrists, Professional Corporation, Realtors, Veterinarians | Tagged , | 1 Comment

Dealing With Debt – Medical Residents

Debt is an issue faced by most at some point – governments, businesses and individuals including, of course, medical students and residents. Becoming a doctor is an expensive venture, but it is an investment in yourself which will pay you … Continue reading

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Contributory Professional Retirement Savings Plan (CPRSP) – Part II

I recently finished a series of posts on the negotiated benefits that are available to BC physicians, and have been working on a new series about professional incorporation. Actually, it’s more like I am trying to work on a new series. I’m … Continue reading

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Medical Residents and New Doctors Discussion Group

I recently conducted a workshop for medical residents transitioning to practice for the Professional Residents Association of British Columbia (PAR-BC). Having worked with doctors for over 15 years, I was familiar with many of the issues faced by new physicians, … Continue reading

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